Armed forces across the US have received an extra $300,000 in bonuses from the US Federal Reserve, as they try to catch up to the recession, a military spokesman said on Monday.

The US military’s bonus fund, which the Reserve Bank of New York set up in October, provides extra payments for service members who have completed two years of active duty.

It was initially set to pay out $100,000 a year, but the Treasury Department said in December that it would increase the rate to $200,000 over two years.

“It was originally set at $300 a year and now we’re getting a bonus of $300,” the spokesman said, without providing a dollar figure.

“The bonus is in addition to the bonuses the Reserve Banks of New Jersey and New York have already handed out.”

“The bonuses were created as part of efforts to get more service members out of the trenches and back to their families, as well as to help offset the effect of the Great Recession on the economy,” he added.

Army Reserve spokesman Capt. Chris Nelms said the money was given to service members and contractors who are completing a two-year service commitment, meaning they have not been deployed or had any leave from active duty in the last two years, as required by law.

“There is no cap on the bonus amount that we can give out, and we can only give bonuses if we meet certain criteria,” he said.

“The bonuses are intended to be given to military members and employees who are not on active duty or who are under contract to a government agency, but are currently in active duty.”

The Reserve Bank has previously said it will give up to $1 million a year in bonuses to help ease the effects of the recession on the US economy.

“We have been able to respond to the economic challenges in a manner that has enabled us to deliver additional benefits to our workforce, contractors, and military families,” Nelmes said.

“But, we are still in the midst of preparing for the potential effects of further severe weather, with our current efforts to boost energy production and supply, and to restore power to homes and businesses, in addition, we will be expanding our efforts to assist small businesses, including to offer assistance in the form of training, loans, or other financial assistance, which may be offered at a later date.”

The Federal Reserve has set aside $1.4 trillion in reserves to support the US dollar, which has appreciated by more than 50 per cent against the Japanese yen since mid-2015.

Related Post

SPONSORSHIP BENEFITS

2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.한국 NO.1 온라인카지노 사이트 추천 - 최고카지노.바카라사이트,카지노사이트,우리카지노,메리트카지노,샌즈카지노,솔레어카지노,파라오카지노,예스카지노,코인카지노,007카지노,퍼스트카지노,더나인카지노,바마카지노,포유카지노 및 에비앙카지노은 최고카지노 에서 권장합니다.우리카지노 - 【바카라사이트】카지노사이트인포,메리트카지노,샌즈카지노.바카라사이트인포는,2020년 최고의 우리카지노만추천합니다.카지노 바카라 007카지노,솔카지노,퍼스트카지노,코인카지노등 안전놀이터 먹튀없이 즐길수 있는카지노사이트인포에서 가입구폰 오링쿠폰 다양이벤트 진행.Best Online Casino » Play Online Blackjack, Free Slots, Roulette : Boe Casino.You can play the favorite 21 Casino,1xBet,7Bit Casino and Trada Casino for online casino game here, win real money! When you start playing with boecasino today, online casino games get trading and offers. Visit our website for more information and how to get different cash awards through our online casino platform.우리카지노 | 카지노사이트 | 더킹카지노 - 【신규가입쿠폰】.우리카지노는 국내 카지노 사이트 브랜드이다. 우리 카지노는 15년의 전통을 가지고 있으며, 메리트 카지노, 더킹카지노, 샌즈 카지노, 코인 카지노, 파라오카지노, 007 카지노, 퍼스트 카지노, 코인카지노가 온라인 카지노로 운영되고 있습니다.